Help Newbie Grade this Walker Please

Discussion in 'US Coins Forum' started by wallyblackburn, Aug 16, 2007.

  1. wallyblackburn

    wallyblackburn New Member

    I have been trying to learn to grade by grabbing pics of NGC and PCGS graded coins off of eBay and comparing.

    I am having a hard time with this one. I would like to know what y'all think and see how I'm doing. I couldn't figure out how to upload pics, so I put it on the web and here is the link:

    http://www.wallyblackburn.com/grade

    Thanks a lot (and I will try not to be a pain),
    Wally
     
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  3. codydude815

    codydude815 Wannabe coin dealer

  4. monkeyman

    monkeyman Coin Hoarder

    I'm not great at this, but I think that is probably a vg8
     
  5. Indianhead65

    Indianhead65 Well-Known Member

    I'd have to give it a VG8 according to ANACS Grading Standards....

    Obverse: Entire design is weak. Most details in gown are worn smooth except for coins after 1921, on which the stripes must show. Date and letters are clear but top of motto may be weak. Rim is complete. Drapery across body is partially visable.

    Reverse: About one third of the feathers are visable and large feathers at the ends of the wings are seperated. Eye is visable. Rim is full and letters are clear.
     
  6. Treashunt

    Treashunt The Other Frank

    Looks VG-8, possibly cleaned.
     
  7. AdamL

    AdamL Well-Known Member

    I don't think it has been cleaned. I'm pretty new myself though... VG. Still a nice 38-D!
     
  8. Spider

    Spider ~

    I just got a 38-D, I hope I get pics up soon
     
  9. EdsCoin

    EdsCoin Senior Member

    Looks VG-8 to me
     
  10. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

  11. wallyblackburn

    wallyblackburn New Member

    Good deal - I bought it as VG-8. I'll be completely straight with you guys, the pics are the ones from the eBay listing. I've been practicing taking coin pics (using my daughter's digital camera cuz it's nicer than mine). When I get it, I will take pics myself and see how they compare.

    I can see how grading from pics can be tough. I grab what look like great pics of NGC and PCGS coins from eBay and think that coins I have look better. BUT - when I take what I think is a good pic of my coin and compare pic-to-pic...

    Sorry, I am rambling. This is very fascinating to me!

    Thanks,
    Wally
     
  12. AdamL

    AdamL Well-Known Member

    I know exactly what you mean about the photos. Its the reason I, and some others, prefer to make purchases in person.
    I'm working on the Walking Liberty set. Here's my 38-D.
     

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  13. Ed Goldman

    Ed Goldman coin collector

    That's a date that I wouldn't buy in less than F-VF..
     
  14. Shortgapbob

    Shortgapbob Emerging Numismatist


    Just curious, what's your reasoning? I alway advocate buying pieces, especially key dates, in as nice of a grade as you can afford. But, I was just wondering what you outlook was?
     
  15. Treashunt

    Treashunt The Other Frank

    Since there is such a short spread between prices (for different grades) for this date, I would tend toward the higher grades.

    G= $135
    VG= $160
    F= $200
    VF= $225
    XF= $250

    (Per Coin World Values, Sept. 2007).

    The higher grades will normally increase quicker than th e lower grades, except in unc.
    In unc -- who knows.
     
  16. wallyblackburn

    wallyblackburn New Member

    I actually *was* looking for an F grade for this coin (which I bought too). While looking, I saw this VG and it seemed to be going cheap, so I put in a lowball bid and ended up winning. I got it for under $78 including shipping.

    My thinking is that anytime I can get a key date coin for way under retail and/or close to wholesale, I might as well grab it if I have the money. Maybe sell it for a little profit later to fund the hobby.

    As a neophyte, I welcome any comments or criticisms to this approach.

    Thanks,
    Wally
     
  17. RickieB

    RickieB Expert Plunger Sniper

    Wally...you got some great answers from some very solid people here!
    And on the "novice" thing..well I have been doing this for a long time and there are folks on here that have been doing it even longer and with more variey of denominations that offer some outstanding support and guidance. This is a place of learning, and I do this almost everytime I read a thread on this site.

    Enjoy the experience and soak up the knowledge. This is a fantastic site to discover how you are also tied to the Histroy of Coins through yeras gone by. :D

    RickieB
     
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